НОРМАЛНА ЦЕНА И ЗАКОН ВРЕДНОСТИ
NORMAL PRICE AND THE LAW OF VALUE

Summary/Abstract: The author discusses in this paper the problem of the essence of normal price and law of value in the conditions of different historical forms of commodity production and in the circumstances of different market structures. The economic theory has distinguished numerous normal price forms: functional price, manufacturer's price, income- based price, specific production cost, and so on. Their definitions represented an evolution in the comprehension of the market pricing fundaments. However, none of these prices is generally accepted. For this reason, they arouse interest of researchers as starting points for studying.On the basis of a complex and profound analysis, the author gives a concrete contribution to the solution of the aforementioned problem. He brings to the attention the fact that only one principle is not present in the primary distribution of the national income and social surplus value (first of all, the principle: equal profits to equal capitals). There are also some other principles that should be taken into consideration. They are separately quoted in this paper. All of them point out the basic elements of the normal price and show how to define them.

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